Lazzarini Design has proposed this outrageous Ferrari V8 powered Fiat 500 project. Dubbed "550 Italia", this little beast will be powered by a detuned version of the 458 Italia's V8 that will produce 542 hp after the treatment. Unfortunately/fortunately, this project is still on paper and the company is still looking for an investor who is willing to spend $550k to make the 550 Italia a reality.

Romain wasn't convinced that his race was over, especially after such a silly crash.. Romain Dumas ignored the signs from the stewards telling him that his 24 hours was over and kept trying to get his car running again, which he did. Sort of.. After making it to the pits, the car got repaired by the Audi Team and was able to run again, eventually finishing fifth!

Less than a week before the 24 Hours of Le Mans start next Saturday, the latest official testing session showed us a stronger Toyota but Audi still seems to have the fastest car out there. Qualifying sessions will take place on Wednesday 13th and Thursday 14th of June. The 80th Edition of The 24 hours of Le Mans start is scheduled for Saturday, 16th at 15:00 (CEST). This year's edition will be marked by Toyota's return to Le Mans after a 12-year absence. Toyota's last participation was in 1999 with only one of its GT-One prototypes finishing the race in second place. Things have changed a lot since then and today, the Japanese automaker is entering the race with a Hybrid prototype just like his biggest rival Audi. Stay tuned for more information about the race.

Codemasters has recently released this video from its 2012 Formula 1 game featuring three on board laps of the Circuit of the Americas. The race will take place November 18th in the yet to be completed Circuit of The Americas in Austin, Texas. It will be the first American F1 Gran Prix since the catastrophic race at Indianapolis in 2006 with only 6 cars on the track.

From what we can see in the video, the circuit looks promising for the spectacle. It starts with a blind left corner at the top end of the main straight, then comes a combination of left-right corners that remind us a little bit of Suzuka, then a left hairpin followed by the longest straight of the circuit (main DRS zone?). The circuit also features a quadruple right corner at the end that reminds us the quadruple left from the Turkish F1 circuit.

Meet the Alfa Romeo 12C GTS concept from Turkish designer Ugur Sahin. A front-engined supercar powered by a 12-cylinder engine, as its name suggests. Sahin's work is just stunning, besides the gorgeous Alfa Romeo concept he came up with, his 3D modeling and rendering job is just as flawless! It's a shame that such a beautiful creation might never see the light, at least under this form...

Sahin's design includes some very exquisite details like this beautiful air intake above the headlights or the psychedelic lines in the front grille. It also has a hint to future with the solar roof.

More high res renderings in the gallery below and you can see the car in motion in the video after the jump..